Chartered Accountant

Job Description for GIFT City Profile

· Managing fund and banking operations activities end-to-end for client servicing of various Offshore funds.

· Coordinating with Portfolio Managers, Dealer team, Brokers, Custodians, Fund Administrators, Investment Manager, Fund Administrators and Tax Consultants.

· Processing Market Trades (Equity, Derivatives, Debt etc) of Offshore Funds in respective Custody portals.

· Preparing Monthly Reports for Offshore Funds, Distribution fees Computation and Fund Performance. Reporting it to Investment Manager, Fund Administrator & Global Custodian team.

· Undertaking end-to-end documentation for onboarding of Foreign Investors, NRI and Institutional clients for Offshore Fund.

· Scrutinizing transactions - subscriptions, additional subscriptions, switch, redemptions, service requests etc for further processing with Fund Administrator team; KYC checks, monitoring account setup TAT.

· Meeting and coordinating with clients/RMs/distributors for discrepancy resolution, onboarding, and servicing of clients.

· Act as a bridge between Fund Administrator and the Business development team of India, Dubai, Singapore team, and both India and overseas distributors.

· Ensure timely resolution of queries and servicing requirements raised by respective clients/RMs/ distribution partners.

· Handling all type of queries, data requirements, and liaising with the concerned departments for resolution.

· Maintain Business MIS for Client Onboarding, additional subscriptions, Switch, Redemptions, Service Requests, at each distributor level and sharing on daily basis with the respective Zonal Heads.

· Undertaking end-to-end Distributor onboarding for Offshore Funds, co-ordinating with Products team, RMs, respective Zonal Heads for documentation and approvals, and further coordinating with Fund Administrator and Investment Manager for process completion.

· Undertaking end-to-end process for Broking Account opening for Offshore Funds, coordinating with Compliance team, Fund Administrator, and Investment Manager for process completion.

· Reviewing, monitoring, and co-ordinating with Fund Administrator teams for managing various operations related work for the Offshore Funds.

· Reviewing and confirming on releasing payments towards various Invoices raised by the Service Providers of the Offshore Funds.

· Reviewing, monitoring, and confirming on Quarterly Fees payments to Distributors, reporting Income accruals to the Senior Management.

· Sending Distribution Fees working to Distributors, receiving, and sending their Fee Invoices to Investment Manager for releasing their payments.

· Monthly High Net Worth (HNI, UNHI) client reporting for the Offshore Funds.

· Monthly AUM reporting - consolidated and Fund-wise.

· Brokerage-Analysis Reporting.

· Preparing Quarterly Investment Advisory Fees Invoice, sending duly executed Invoice to Fund Administrator team for its payment, and its GST data reporting to the Finance team.

· Assisting and co-ordination with Internal & Statutory Auditors for audit process, resolving audit-related queries; Fund CA & Consultants for CGT payments, Tax computation and Tax filings.

· Supporting Fund Compliances, DDP guidelines and FPI regulations.

· Maintain the uniformity in Service Delivery Standards.

· Ensure the written down processes and agreements are followed without any deviation.

· Supporting periodical update of Fund’s PPM, Subscription, other Forms and Service Level Agreement (SLA).

· Monitoring and suggesting improvements in Offshore Fund Websites management.

· Constantly strive to improve the processes, service standards and share feedback on a real time basis.

· Applying in IPO/FPO, Rights issue, Buyback transactions, monitoring Trade, Settlement, Dividend & Corporate Action

· Cash Management: Liquidity creation due to payment of Management Fees, Redemption, and vendor payments.

· Providing monthly provisional fee numbers within the agreed TAT.

· All Statutory Filings well before the due dates .

· GST and Advance Tax payments well before the due dates.

· Prepare, review & Maintain SOPs for all processes